Quartzsea Acquisition Corp QSEA
limited liability incorporated on November 5, 2024. We are formed for the purpose of entering into a merger, share exchange, asset acquisition,
share purchase, recapitalization, reorganization or similar business combination with one or more businesses (the "Business Combination").
shares of ordinary shares, $0.0001 per share to the Sponsor, the founder shares, for an aggregated consideration of $25,000, or approximately
$0.0145 per share. On February 12, 2025, the Company and the Sponsor entered into the First Amendment to the Subscription Agreement,
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| SG&A | $1.9M | — |
| Operating income | -$1.9M | — |
| Interest expense | $2.4M | — |
| Pre-tax income | $511.0K | — |
| Net income | $511.0K | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| Cash and equivalents | $0 | $0 |
| Total current assets | $92.5K | $326.0K |
| Total assets | $85.3M | $516.0K |
| Total current liabilities | $741.9K | $501.2K |
| Total liabilities | $4.1M | $501.2K |
| Retained earnings | -$3.9M | -$10.2K |
| Total equity | -$3.9M | $14.8K |
Cash flow
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| Operating cash flow | -$1.3M | — |
| Investing cash flow | -$82.8M | — |
| Financing cash flow | $83.8M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001829126-26-003289.
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